Latest news with #renegotiation
Bloomberg
4 days ago
- Business
- Bloomberg
Carlyle's Dainese Seeks to Renegotiate Its Debt as Losses Soar
Dainese SpA, a sports clothing brand owned by Carlyle Group, is looking to renegotiate its debt terms after losses steepened in 2024. The Italian company, which produces high-end wear for motorcyclists and skiers, said it wants to open debt talks with creditors after it reported a €120 million ($136 million) loss last year, almost three times bigger than in 2023, according to its annual financial report published earlier this month.
Bloomberg
26-05-2025
- Business
- Bloomberg
Hungary Warns Wage-Hike Plan at Risk From Weak Economy
Hungary's government warned it may need to renegotiate minimum wage hikes planned for 2026 due to weaker-than-expected growth, in the latest downbeat economic outlook from officials. The cabinet prefers to reconsider substantial minimum wage hikes if that would hurt local companies, Economy Minister Marton Nagy said at a conference in Budapest Monday. If economic or wage growth lags forecasts, the government will be open to renegotiating a previously agreed wage deal later this year, he added.
